The Asset Analyst II has a wide range of responsibilities for commercial, contractual, regulatory and
reporting obligations of the renewable projects, including a large utility solar project and a large battery project in Texas, in order to maximize project financial performance.
The position also works closely with accounting team to meet accounting and tax requirements. The position also communicates with the plant managers and proposes solutions from an asset management perspective.
The position will provide a perfect opportunity for a professional looking for asset management work within a small and rapidly growing team and developing their expertise of renewable projects.
Main accountabilities:
Lead both the project company's and the holding company's annual budgets with certain reasons for setting the amounts, while referring to contracts and historical data.
Lead monthly operating report to management with accurate explanations of variances between the budget and the actual results.
The person analyzes the variance, identifies the cause, takes measures,and predicts the outcome.
Lead monthly YE forecast to management with clear explanations for the assumptions used in the forecast.
Manage cash positions including cash distribution and payment to vendors.
Coordinate closely with accounting team and asset management service provider to ensure that monthly financials (USGAAP and IFRS) are completed in a timely and accurate manner.
Support internal member to ensure that property tax limitation is applied to the project.
Administer tax equity investor compliance task including monthly report, cash distribution, allocation and HLBV by managing asset management service provider, and obtain internal and tax equity approval as needed.
This also requires some general knowledge of tax equity.
Administer and manage major project documents, including preparing resolution of significant agreement issues that stem from the operation of the project (e.g., financing agreement, LLCA, lease agreement, tax limitation agreement and equipment warranties).
Renew insurance policies and manage claims by getting support from insurance broker.
Support the technical division by communicating with the plant manager and proposing solutions from an asset management perspective.
Oversee project level compliance with all regulatory requirements including NERC and ERCOT, ensuring that all filings are completed accurately and on-time.
Other duties as assigned.
Direct reports:
Senior Director
Location:
Houston, TX (sometimes renewable project site in TX)
Salary: $45 per hour (Temp to Hire)
Travel:
0% - 15%
Minimum qualifications:
Bachelor's degree
Proficient knowledge of Microsoft Office software, especially a) Excel skills for database management and creating various graphs and b) Presentation skills by utilizing Power Point.
US driver's license
Behavioral requirements:
Positive, self-motivated and can-do personality - growth mindset preferred
Problem-solving skills and close attention to detail
Ability to perform duties in a collaborative working environment and to develop meaningful relationships
Analytical skills
Strong verbal, written communication and presentation skills
Physical demands & working conditions:
Sitting/Standing/Flexibility: Ability to stand and sit for eight (8) or more hours when in an office environment
Lifting: Ability to lift items weighing up to 25 pounds
Safety: Ability to understand and communicate safety precautions when necessary
Preferred qualifications:
University degree in Business, Finance or related field (advanced degree or MBA preferred)